The Global Legal Post timeline: ESG and the law
30 March 2021
How law firms and their clients are responding to the environmental, social and governance movement
Shutterstock; John Gomez Wall Street M&A powerhouse Wachtell Lipton Rosen & Katz is not known for making senior lateral hires. Last April, however, it made an important exception, bringing on board as a consultant Leo Strine, the former Delaware chief justice and a leading proponent of governance reform. “As a judge, he said, “I thought the importance of corporations in our society could not be measured by their stock price, and that it was critical to our nation’s well-being that powerful businesses treat their workers and consumers well, support the communities in which they operate, and focus on environmentally responsible, sustainable wealth creation.”
Ex-Jones Day partner launches sustainability-focused boutique in Hong Kong
08 February 2021
Ben McQuhae & Co will choose work based on the UN s Sustainable Development Goals
Ben McQuhae Former Jones Day partner Ben McQuhae has launched a boutique law firm in Hong Kong that will be focused entirely on sustainability and innovation. The eponymously named Ben McQuhae & Co says it aims to operate at the intersection of law, ESG and technology, providing advisory services to multinationals, small and medium-sized companies, investors, startups and entrepreneurs. The focus will be on transactions and other initiatives related to climate, biodiversity and innovation. In a statement, the firm said: “We will choose the work we do, and do not do, by reference to the UN Sustainable Development Goals (SDG). We will assess our mandates and measure our impact against the SDGs.”